Austria: Alpine Creditors Register € 2.29bn

Politics ♦ Published: August 19, 2013; 16:33 ♦ (Vindobona)

The downfall of construction company Alpine, the biggest bankruptcy in the history of the second Republic, has not been finished yet.

Austria: Alpine Creditors Register € 2.29bn / Picture: © Alpine Logo Press Photo

The prosecution is still investigating against former managers concerning the issuance of bonds in the time frame between 2010 and 2013.

In the insolvency produce the registration deadline for creditors expired. The figures show the dimension of this bankruptcy: 7,704 creditors (suppliers, clients, contractors, subsidiaries, etc.) have so far registered their demands in the value…